13F filer · CIK 1179392 ↗
Two Sigma
You are looking at Q2 2022. See the latest, Q2 2026 →
Reported value
$30.30B
−11% on the quarter before
Positions
2,444
644 new · 740 sold out
Top 10
8.2%
of the value
Est. gain
−$2.73B
on stocks held all quarter
Est. return
−15.0%
on those stocks since Q1 2022
Positions as of Jun 30, 2022, from Two Sigma's 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.
Portfolio at a glance
- New
- Added
- Cut
- Same
- Options
The 24 largest positions, 18% of the reported value, each sized by its share, colored by what the fund did with it since Q1 2022. Striped tiles are options.
Largest buys
Since Q1 2022, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Meta~$248.6MNew · 0.0% → 0.8%+1,541,482 shares
- Oracle~$235.8MNew · 0.0% → 0.8%+3,375,376 shares
- Amazon~$235.3MAdded · 0.2% → 0.8%+2,215,517 shares
- Microsoft~$233.1MNew · 0.0% → 0.8%+907,729 shares
- Bk Of America Corp~$215.2MAdded · 0.0% → 0.7%+6,912,944 shares
- Invesco Qqq Tr~$204.7MAdded · 0.5% → 1.1%+730,333 shares
- Nvidia~$192.0MAdded · 0.2% → 0.8%+1,266,452 shares
- Netflix~$182.4MAdded · 0.3% → 0.8%+1,042,962 shares
- Newmont Corp~$173.8MAdded · 0.0% → 0.6%+2,912,613 shares
- Schwab Charles Corp~$169.1MAdded · 0.0% → 0.6%+2,675,816 shares
Largest sells
Since Q1 2022, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Merck & Co Inc~$266.9MCut · 0.7% → 0.0%−2,927,708 shares
- Tesla~$259.7MSold out · 0.8% → 0.0%−240,957 shares
- S&P Global Inc~$233.1MSold out · 0.7% → 0.0%−568,195 shares
- Occidental Pete Corp~$212.0MCut · 0.8% → 0.2%−3,600,157 shares
- Walmart Inc~$211.2MSold out · 0.6% → 0.0%−1,417,927 shares
- Citigroup Inc~$193.5MCut · 0.7% → 0.0%−4,207,279 shares
- AMD~$181.5MSold out · 0.5% → 0.0%−1,659,914 shares
- PDD Holdings~$175.4MCut · 0.4% → 0.1%−2,837,932 shares
- Abbvie Inc~$146.0MSold out · 0.4% → 0.0%−900,337 shares
- AT&T~$145.0MSold out · 0.4% → 0.0%−6,135,637 shares
Holdings
As of Jun 30, 2022. Changes are in shares against Mar 31, 2022, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Invesco Qqq TrUNIT SER 1 · shares +174% · price −22.7% | 1.1% | $322.7M | −$34.6M | ||||||||
| SPDR S&P 500 ETF TrTR UNIT · shares +62% · price −16.5% | 0.84% | $254.2M | −$31.0M | ||||||||
| MetaCL A · shares New | 0.82% | $248.6M | — | ||||||||
| Visa Inc.COM CL A · shares +116% · price −11.2% | 0.82% | $247.1M | −$14.5M | ||||||||
| PayPalCOM · shares +104% · price −39.6% | 0.80% | $241.3M | −$77.6M | ||||||||
| NvidiaCOM · shares +421% · price −44.4% | 0.78% | $237.6M | −$36.5M | ||||||||
| AmazonCOM · shares +10,833% · price −96.7% | 0.78% | $237.5M | −$64.5M | ||||||||
| OracleCOM · shares New | 0.78% | $235.8M | — | ||||||||
| Csx CorpCOM · shares +35% · price −22.4% | 0.78% | $235.6M | −$50.3M | ||||||||
| MicrosoftCOM · shares New | 0.77% | $233.1M | — | ||||||||
| AppleCOM · shares +42% · price −21.7% | 0.77% | $232.3M | −$45.3M | ||||||||
| Medtronic PlcSHS · shares +223% · price −19.1% | 0.77% | $232.2M | −$17.0M | ||||||||
| NetflixCOM · shares +370% · price −53.3% | 0.76% | $231.7M | −$56.3M | ||||||||
| Pepsico IncCOM · shares +49% · price −0.4% | 0.76% | $230.9M | −$670,046 | ||||||||
| AdobeCOM · shares +87% · price −19.7% | 0.75% | $226.1M | −$29.6M | ||||||||
| Lockheed Martin CorpCOM · shares +136% · price −2.6% | 0.74% | $225.2M | −$2.5M | ||||||||
| Bk Of America CorpCOM · shares +2,187% · price −24.5% | 0.74% | $225.0M | −$3.2M | ||||||||
| Bristol-Myers Squibb CoCOM · shares −1.3% · price +5.4% | 0.73% | $222.5M | +$11.5M | ||||||||
| Union Pac CorpCOM · shares +136% · price −21.9% | 0.71% | $214.3M | −$25.5M | ||||||||
| Broadcom8% MCNV PFD SR A · shares +65% · price −23.4% | 0.70% | $212.5M | −$39.4M | ||||||||
| Jpmorgan Chase & CoCOM · shares +17% · price −17.4% | 0.69% | $209.1M | −$37.8M | ||||||||
| ZoomCL A · shares −6.2% · price −7.9% | 0.68% | $207.3M | −$17.8M | ||||||||
| TSMCSPONSORED ADS · shares +34% · price −21.6% | 0.67% | $204.4M | −$42.1M | ||||||||
| Altria Group IncCOM · shares +281% · price −20.1% | 0.66% | $199.4M | −$13.1M | ||||||||
| AirbnbCOM CL A · shares +65% · price −48.1% | 0.66% | $199.0M | −$111.8M | ||||||||
| Total · 2,444 positions | 100% | $30.30B | −$2.73B |
Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.
What made money
From Q1 2022 to Q2 2022: 1,746 stocks held throughout, down $2.73B (−15.0%).
- Illumina Inc12:1 split+$142.5M+533%
- Coinbase35:1 split+$95.2M+767%
- Workday4:1 split+$57.4M+133%
- Dexcom Inc42:1 split+$49.4M+512%
- Fortinet74:1 split+$39.9M+1,125%
- Amazon−$64.5M−97%
- Twilio−$66.7M−49%
- DocuSign−$73.8M−46%
- PayPal−$77.6M−40%
- Airbnb−$111.8M−48%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 55 splits read into the share counts.
Reported value by quarter
The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.
Every quarter's filing
| Quarter | Reported value | Filing | |
|---|---|---|---|
| Q2 2026 | Aug 14, 2026 | $138.12B+11% | SEC ↗ |
| Q1 2026 | May 15, 2026 | $123.93B+75% | SEC ↗ |
| Q4 2025 | Feb 17, 2026 | $70.90B+6% | SEC ↗ |
| Q3 2025 | Nov 14, 2025 | $67.17B+19% | SEC ↗ |
| Q2 2025 | Aug 14, 2025 | $56.47B+21% | SEC ↗ |
| Q1 2025 | May 15, 2025 | $46.79B+2% | SEC ↗ |
| Q4 2024 | Feb 14, 2025 | $45.85B+0% | SEC ↗ |
| Q3 2024 | Nov 14, 2024 | $45.63B+4% | SEC ↗ |
| Q2 2024 | Aug 14, 2024 | $43.90B+3% | SEC ↗ |
| Q1 2024 | May 15, 2024 | $42.61B−2% | SEC ↗ |
| Q4 2023 | Feb 14, 2024 | $43.54B+17% | SEC ↗ |
| Q3 2023 | Nov 14, 2023 | $37.17B−7% | SEC ↗ |
| Q2 2023 | Aug 14, 2023 | $39.87B+14% | SEC ↗ |
| Q1 2023 | May 15, 2023 | $34.99B+10% | SEC ↗ |
| Q4 2022 | Feb 14, 2023 | $31.85B+8% | SEC ↗ |
| Q3 2022 | Nov 14, 2022 | $29.43B−3% | SEC ↗ |
| Q2 2022 | Aug 15, 2022 | $30.30B−11% | SEC ↗ |
| Q1 2022 | May 16, 2022 | $33.88B−28% | SEC ↗ |
| Q4 2021 | Feb 14, 2022 | $46.81B+5% | SEC ↗ |
| Q3 2021 | Nov 15, 2021 | $44.75B+1% | SEC ↗ |
| Q2 2021 | Aug 16, 2021 | $44.08B+15% | SEC ↗ |
| Q1 2021 | May 17, 2021 | $38.44B+10% | SEC ↗ |
| Q4 2020 | Feb 16, 2021 | $34.85B+24% | SEC ↗ |
| Q3 2020 | Nov 16, 2020 | $28.17B+40% | SEC ↗ |
| Q2 2020 | Aug 14, 2020 | $20.19B+64% | SEC ↗ |
| Q1 2020 | May 15, 2020 | $12.28B−63% | SEC ↗ |
| Q4 2019 | Feb 14, 2020 | $33.24B+12% | SEC ↗ |
| Q3 2019 | Nov 14, 2019 | $29.72B−1% | SEC ↗ |
| Q2 2019 | Aug 14, 2019 | $29.90B−3% | SEC ↗ |
| Q1 2019 | May 15, 2019 | $30.85B+21% | SEC ↗ |
| Q4 2018 | Feb 14, 2019 | $25.54B−30% | SEC ↗ |
| Q3 2018 | Nov 14, 2018 | $36.69B+9% | SEC ↗ |
| Q2 2018 | Aug 14, 2018 | $33.54B+12% | SEC ↗ |
| Q1 2018 | May 15, 2018 | $30.04B−2% | SEC ↗ |
| Q4 2017 | Feb 14, 2018 | $30.72B+9% | SEC ↗ |
| Q3 2017 | Nov 14, 2017 | $28.21B+2% | SEC ↗ |
| Q2 2017 | Aug 14, 2017 | $27.64B−7% | SEC ↗ |
| Q1 2017 | May 15, 2017 | $29.70B+14% | SEC ↗ |
| Q4 2016 | Feb 14, 2017 | $26.08B−5% | SEC ↗ |
| Q3 2016 | Nov 14, 2016 | $27.59B+18% | SEC ↗ |
| Q2 2016 | Aug 15, 2016 | $23.29B+11% | SEC ↗ |
| Q1 2016 | May 16, 2016 | $20.99B | SEC ↗ |